Federal Open Market Committee; Domestic Policy Directive of August 8, 2006, 53453 [E6-15015]

Download as PDF 53453 Federal Register / Vol. 71, No. 175 / Monday, September 11, 2006 / Notices CALENDAR OF REPORTING DATES FOR TEXAS SPECIAL ELECTION—Continued Close of books 1 Report Pre-General ...................................................................................................................................... Post-General ..................................................................................................................................... Year-End ........................................................................................................................................... If Two Elections Are Held, Committees Involved In Only The Special General (11/07/06) Must File: Pre-General ...................................................................................................................................... Year-End ........................................................................................................................................... Reg./cert. & overnight mailing date Filing date 10/18/06 11/27/06 12/31/06 10/23/06 12/07/06 01/31/07 10/26/06 12/07/06 01/31/07 10/18/06 12/31/06 10/23/06 01/31/07 10/26/06 01/31/07 1 The period begins with the close of books of the last report filed by the committee. If the committee has filed no previous reports, the period begins with the date of the committee’s first activity. Dated: September 5, 2006. Michael E. Toner, Chairman, Federal Election Commission. [FR Doc. E6–14961 Filed 9–8–06; 8:45 am] BILLING CODE 6715–01–P FEDERAL RESERVE SYSTEM rwilkins on PROD1PC61 with NOTICES Formations of, Acquisitions by, and Mergers of Bank Holding Companies The companies listed in this notice have applied to the Board for approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.) (BHC Act), Regulation Y (12 CFR Part 225), and all other applicable statutes and regulations to become a bank holding company and/or to acquire the assets or the ownership of, control of, or the power to vote shares of a bank or bank holding company and all of the banks and nonbanking companies owned by the bank holding company, including the companies listed below. The applications listed below, as well as other related filings required by the Board, are available for immediate inspection at the Federal Reserve Bank indicated. The application also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the acquisition of a nonbanking company, the review also includes whether the acquisition of the nonbanking company complies with the standards in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, nonbanking activities will be conducted throughout the United States. Additional information on all bank holding companies may be obtained from the National Information Center website at www.ffiec.gov/nic/. Unless otherwise noted, comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than October 6, 2006. VerDate Aug<31>2005 18:03 Sep 08, 2006 Jkt 208001 A. Federal Reserve Bank of Chicago (Patrick M. Wilder, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414: 1. ChoiceOne Financial Services, Inc., Sparta, Michigan; to merge with Valley Ridge Financial Corp., Kent City, Michigan, and thereby indirectly acquire voting shares of Valley Ridge Bank, Kent City, Michigan. 2. Town Bancshares, Inc., Antioch, Illinois; to become a bank holding company by acquiring 100 percent of the voting shares of Town Community Bank and Trust (formerly Greater North Bank), Antioch, Illinois. B. Federal Reserve Bank of St. Louis (Glenda Wilson, Community Affairs Officer) 411 Locust Street, St. Louis, Missouri 63166-2034: 1. Ashley Bancstock Company, Crossett, Arkansas; to acquire 100 percent of the voting shares of First Community Bank of Crawford County, Van Buren, Arkansas. 2. St. Elizabeth Bancshares, Inc., Saint Elizabeth, Missouri; to acquire 100 percent of the voting shares of Bank of Freeburg, Freeburg, Missouri. Board of Governors of the Federal Reserve System, September 6, 2006. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E6–14988 Filed 9–8–06; 8:45 am] BILLING CODE 6210–01–S Federal Open Market Committee; Domestic Policy Directive of August 8, 2006 In accordance with § 271.25 of its rules regarding availability of information (12 CFR part 271), there is set forth below the domestic policy directive issued by the Federal Open Market Committee at its meeting held on August 8, 2006.1 1 Copies of the Minutes of the Federal Open Market Committee Meeting on August 8, 2006, which includes the domestic policy directive issued at the meeting, are available upon request to the Frm 00092 Fmt 4703 The Committee judges that some inflation risks remain. The extent and timing of any additional firming that may be needed to address these risks will depend on the evolution of the outlook for both inflation and economic growth, as implied by incoming information. By order of the Federal Open Market Committee, August 31, 2006. Vincent R. Reinhart, Secretary, Federal Open Market Committee. [FR Doc. E6–15015 Filed 9–8–06; 8:45 am] BILLING CODE 6210–01–P FEDERAL RETIREMENT THRIFT INVESTMENT BOARD Sunshine Act Notice 9 a.m. (EDT) September 18, 2006. PLACE: 4th Floor Conference Room, 1250 H Street, NW., Washington, DC. STATUS: Parts will be open to the public and parts closed to the public. MATTERS TO BE CONSIDERED: TIME AND DATE: FEDERAL RESERVE SYSTEM PO 00000 The Federal Open Market Committee seeks monetary and financial conditions that will foster price stability and promote sustainable growth in output. To further its long-run objectives, the Committee in the immediate future seeks conditions in reserve markets consistent with maintaining the Federal funds rate to an average of around 51⁄4 percent. The vote encompassed approval of the paragraph below for inclusion in the statement to be released shortly after the meeting: Sfmt 4703 Parts Open to the Public 1. Approval of the minutes of the August 21, 2006 Board member meeting. 2. Thrift Savings Plan activity report by the Executive Director. 3. Annual budget report. Board of Governors of the Federal Reserve System, Washington, DC 20551. The minutes are published in the Federal Reserve Bulletin and in the Board’s annual report. E:\FR\FM\11SEN1.SGM 11SEN1

Agencies

[Federal Register Volume 71, Number 175 (Monday, September 11, 2006)]
[Notices]
[Page 53453]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-15015]


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FEDERAL RESERVE SYSTEM


Federal Open Market Committee; Domestic Policy Directive of 
August 8, 2006

    In accordance with Sec.  271.25 of its rules regarding availability 
of information (12 CFR part 271), there is set forth below the domestic 
policy directive issued by the Federal Open Market Committee at its 
meeting held on August 8, 2006.\1\
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    \1\ Copies of the Minutes of the Federal Open Market Committee 
Meeting on August 8, 2006, which includes the domestic policy 
directive issued at the meeting, are available upon request to the 
Board of Governors of the Federal Reserve System, Washington, DC 
20551. The minutes are published in the Federal Reserve Bulletin and 
in the Board's annual report.
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    The Federal Open Market Committee seeks monetary and financial 
conditions that will foster price stability and promote sustainable 
growth in output. To further its long-run objectives, the Committee in 
the immediate future seeks conditions in reserve markets consistent 
with maintaining the Federal funds rate to an average of around 5\1/4\ 
percent.
    The vote encompassed approval of the paragraph below for inclusion 
in the statement to be released shortly after the meeting:

    The Committee judges that some inflation risks remain. The 
extent and timing of any additional firming that may be needed to 
address these risks will depend on the evolution of the outlook for 
both inflation and economic growth, as implied by incoming 
information.

    By order of the Federal Open Market Committee, August 31, 2006.
Vincent R. Reinhart,
Secretary, Federal Open Market Committee.
[FR Doc. E6-15015 Filed 9-8-06; 8:45 am]
BILLING CODE 6210-01-P